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BTCUSD approaching resistance, potential big drop coming!

BITFINEX:BTCUSD   Bitcoin / Dollar
Price is approaching our first resistance (horizontal overlap resistance, 38.2% Fibonacci retracement , 100% Fibonacci extension ) where we might see a corresponding drop to our first support level (horizontal pullback support, 50% Fibonacci retracement ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.


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So are we hitting the first resistance line going up? Or we're hiting major support first down to the $6.6K first?
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AKS916 AKS916
@AKS916, ?
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AKS916 AKS916
@AKS916, @easyMarkets Please answer? thank you!
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